Sentences with phrase «out of the euro currency»

Ms. Le Pen favors dropping out of the euro currency, and the markets aren't taking any chances.

Greece could be forced out of the euro currency by the end of the year, predicts UKIP's leader Nigel Farage.

Not exact matches

German Chancellor Angela Merkel and French President Francois Hollande, the euro zone's most powerful leaders, said Athens must move quickly if it wants to secure a cash - for - reform deal with creditors and avoid crashing out of the single currency.

In fact the creation of the euro largely wiped out local currency centers and most of the market actually migrated out of the euro zone and into London.

If the talks fail and Greece fails to pay its way, one possible — and feared — outcome could be the country being forced out of the euro zone and into adopting its own currency.

While China is usually singled out for its policies, other countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest in history, were built primarily on an undervalued currency, after the creation of the euro, and on weak wage growth, after the 2003 — 05 labor reforms.

The Canadian dollar accounts for only 2.2 per cent of total foreign currency trade flow in a given day, according to the latest major trade volume report put out by the Bank for International Settlements, whereas the U.S. dollar comprises 45.1 per cent and the euro 19.4 per cent.

In sum, the U.S. payments deficit and central bank movements out of the dollar, aggravated by U.S. military activity in Iraq and other countries, may indeed trigger a shift of international currency holdings into euros.

Hundreds of billions of dollars, euros and sterling worth of yen were borrowed and duly converted into foreign currencies to lend out at a markup.

Finally, I suspect many investors will use these hedged international stock funds out of a belief that they know how the dollar will do against currencies like the euro.

«But if governments continue to just print money like crazy, devaluing the currencies all around the world, people are figuring it out real quick — with bitcoin that sort of thing can't happen and people are going to just flood to want to use bitcoin instead of dollars or euros or yen.»

- Altice said on Nov. 2 it generated 5.8 billion euros of revenue in the three months to the end of September, up 0.3 percent from a year earlier after stripping out the effects of currency movements.

Many investors also like the idea of getting into and out of cryptocurrency trades and at the end of the day having just a good old fiat currency like dollars or euros on their accounts.

European Central Lender board member floats the concept of an «IOU» method to pay civil servants if nation operates out of euros & #thirteen & #thirteen & # 13 & #thirteen & # 13 Photo: bloomberg & # 13 & # 13 Greece could commence employing a «parallel currency» to pay out its civil servants if it runs out of...

«The euro is far from home and dry: Greece and Spain could still be eased out of the currency,» he adds.

Worse still, given the wrangles over Scotland's future currency, the decision by both campaigns to simply stare each other down on the retention (or otherwise) of sterling has ruled out important discussion of the alternatives — from a free - floating «Scot #» or currency peg, to union with sterling or the euro.

Unlike Greece, the U.S. borrows in its own national currency: whereas the Greek government can run out of euros, the U.S. government can not really run out of dollars as long as the Federal Reserve provides them.

A case in point is the Federal Constitutional Court's OMT - decision that has, as Justice Lübbe - Wolff pointed out in her minority opinion, «incalculable consequences for the operating currency of the euro zone and the national economies depending on it».

Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the decentralized digital currency.

While not as extreme as banning cash, clamping down on moving funds out of the country (China) and hyperinflation (Venezuela and much of Africa) leaves citizens without the ability to buy euros or USD looking for anything that will depreciate slower than its currency.